The current RTH range at 26,75 is above what's normal lately, so I would be cautious with a short here unless you have a rationale for a sell-off at this point. Also, it's rare for moves of a certain magnitude to not retrace.
2 gaps below still not filled: 2379.5 and 2360.5. Not a prediction but very few expecting it going into a holiday although we managed to close back in the range.
Why can't EVERY DAY be like today! I think you would have to be on drugs to not make money on a day like today! ES...hell I am sure any stock based asset would have worked... Range was Huge ..38 points on ES, those are the largest hi to low moves we have seen in a very long time, for ES back in Nov 2016. we even tested 2402 and I thought maybe we would crack 2400 but it held. and volume on the Sept CT was 2,300,000,,,, we haven't seen that kinda volume in a long time as well... and this is right in the middle of summer! nice day... hope you all rocked it! see ya
Lots of action today. I run my automated trading system, which typically places a few ES trades a week. Today, it made 15 trades. Ended the day flat with the $3855 profit.
I am not surprised by that at all...my average day for ES is 4.5 trades,,,today I had 11 ! .. now if I only knew we would go from 2440 to 2402 I could have saved myself alot of effort,, just one big short.... haha, wishfull thinking
If I were to guess, I'd say yesterdays RTH low will hold for today and that we'll most likely end up positive today (30th of June).